Thursday, February 22, 2024
News EV Sales Reached 1.2 million in the U.S. Last Year, 55% of...

EV Sales Reached 1.2 million in the U.S. Last Year, 55% of Which Were from Tesla

Electric vehicles have had a record sales year in the United States in 2023.

  • Electric Vehicles have Accounted for 7.6% of total vehicle sales in the U.S.

  • The Tesla Model Y and Model 3 are still much more popular than any other EV.

  • Rivian has showed the fastest growth, making the R1S the most popular “large EV”.

Automotive sales figures for the United States in 2023 reveal more electric vehicles than ever have found buyers in the last twelve months.

Indeed, 1.2 million EVs have been sold in the country over the course of the year, accounting for 7.6% of the entire market. This is a significant increase in market share over the 5.9% and 3.2% figures recorded in 2022 and 2021 respectively.

Unsurprisingly, Tesla is still on top of the EV game in America, with sales of its four models accounting for 55% of the entire electric vehicle market.

In fact, the Model Y alone made up about a third of all EVs sold in the United States last year, with 394,497 units being delivered, placing it comfortably in first place.

Following not too far behind is the Tesla Model 3, which managed to shift 220,910 units over the course of the year, maintaining its second place from 2022.

2023 Chevrolet Bolt EUV
Chevrolet Bolt EUV

The Chevrolet Bolt EV and EUV occupy a distant third place, two ranks higher than in 2022, as General Motors delivered 62,045 units of its most affordable electric models, the best year ever for the Bolt.

Fourth is the Ford Mustang Mach-E, which drops one spot despite also having recorded its best year to date, with sales of 40,771.

The Volkswagen ID.4 reached fifth place in 2023, up from ninth in 2022, with 37,789 vehicles finding buyers.

With 33,918 sales, the Hyundai IONIQ 5 climbs one spot in the list, ending up in sixth.

A surprise entry to the top ten best-selling EVs is the Rivian R1S in seventh place. Indeed, the small automaker managed to sell 24,783 units of its large SUV, which makes it the most popular vehicle in the “large EV category”, in front of more established models such as the Tesla Model X and the Ford F-150 Lightning.

Rivian R1S | Photo: Rivian

In addition, Rivian’s total sales of more than 50,000 vehicles in 2023 make it the fastest-growing automaker on the market, more than doubling its sales year-over-year.

Speaking of the Ford F-150 Lightning, it can be found in eighth place, two spots higher than in 2022, with sales of 24,165 which make it the best-selling electric pickup.

The Tesla Model X records a three-position drop, from sixth to ninth, with sales figures of 23,015.

Another model which joins the top ten in 2023 is the BMW i4, which saw 22,583 buyers last year, placing it in tenth place amongst all electric vehicles offered in the United States.

The most significant drop in market position was recorded by the Tesla Model S, which exited the top ten list despite having placed a respectable fourth in 2022.

It will be interesting to see what effect the numerous new EVs that will arrive on the market for the 2024 and 2025 model years will have on the sales ranking for 2024, especially the more affordable models such as the Chevrolet Equinox EV, the next-generation Bolt and the Volvo EX30.

BMW i4 M50 xDrive | Photo: Olivier Delorme

Source: Electrek  

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